Graeme Black Reportedly Hired at Gianfranco Ferré; See Photos of Kate Moss on Her Honeymoon

• Grazia’s fashion director tweeted that Graeme Black has been named the new creative director at Gianfranco Ferré. The label's former designers, Tommaso Aquilano and Roberto Rimondi, were dismissed in April. [Paula Reed/Twitter]

• Here’s a picture from Kate Moss and Jamie Hince’s honeymoon. They’re on a boat — Philip Green’s yacht, to be specific — in Corsica. [Bazaar Blog]

• Penelope Cruz covers the new V, “The Transformation Issue.” [Design Scene]

• At the Holmes and Yang presentation in London, Katie Holmes said, "We love Kate, the Duchess of Cambridge. I'd love to dress her." [Vogue UK]

The Wall Street Journal wonders how some jeans can possibly cost $300. In related news, only one percent of the jeans purchased in the U.S. last year cost more than $50. [WSJ]